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VinFast Auto Ltd. (VFS) – Don’t Be So Quick to Call it Dead

VinFast Auto Ltd. (NASDAQ: VFS) is -52.69% lower on its value in year-to-date trading and has touched a low of $2.26 and a high of $18.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VFS stock was last observed hovering at around $3.88 in the last trading session, with the day’s gains setting it 0.08%.

Currently trading at $3.96, the stock is 5.64% and 0.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 2.06% at the moment leaves the stock -17.64% off its SMA200. VFS registered -77.75% loss for a year compared to 6-month loss of -18.69%.

The stock witnessed a 2.86% gain in the last 1 month and extending the period to 3 months gives it a -8.12%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.33% over the week and 3.81% over the month.

Profit margin for the company is -169.08%. Distance from 52-week low is 75.61% and -78.12% from its 52-week high.

The EPS is expected to grow by 14.42% this year

The shares outstanding are 2.31B, and float is at 12.42M with Short Float at 29.30%.

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